earnings
confidence high
sentiment positive
materiality 0.75
Geron posts Q4 RYTELO revenue $47.5M, net loss $25.4M; expects profitability without additional financing
GERON CORP
2024-FY EPS reported
-$0.27
- Q4 2024 net product revenue $47.5M from RYTELO; $76.5M cumulative since June 2024 launch.
- Net loss $25.4M ($0.04/sh) in Q4, improved from $52.0M loss in Q4 2023.
- Cash and marketable securities $502.9M as of Dec 31, 2024.
- CHMP positive opinion for EU approval; decision expected H1 2025, EU launch in 2026.
- 2025 operating expense guidance $270M-$285M; expects profitability without additional financing.